$2,450,000

618 E 2nd Street, Brooklyn, NY 11218

  • 7 beds |
  • 4 baths |
  • 3,120 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon3,062sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $785/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage. The Residences Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED VACANT! Perfect for an owner-occupant or a high-rent lease. Freshly updated and painted. Unit #2 (Rear - 1 BR / 1 BA | 620 Sq. Ft.): Cozy layout with wood flooring, currently occupied. Unit #3 (Front - 2 BR / 1 BA | 780 Sq. Ft.): Jan 2025 Updated kitchen & full bath, wood flooring. Unit #4 (Rear - 2 BR / 1 BA | 780 Sq. Ft.): Updated kitchen & full bath, wood flooring, new lighting, new electric panel and spray foam insulation. Key Capital Improvements: Brand New Roof (2024): Newly installed on both the main house and the detached garages, Exterior brick repointed, Fresh Paint: Freshly painted brick exterior on north side of the house, New hot 75 gallon hot water heater (2026). Passive Income: includes a detached 3-bay garage structure. Currently rented to a long-term tenant. Can be delivered vacant. Massive Basement features a large storage area and a separate utility/mechanical area—perfect for tenant storage or property management use. Situated on a quiet residential block in Kensington, you are just moments away from local cafes, diverse dining, shopping, and excellent transit options (F & G trains) for a quick, seamless commute into Manhattan or other parts of Brooklyn. An incredible asset with massive appreciation potential, and major capital improvements already complete. Schedule your tour today!

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 1:22AM
Listing Office:
Coldwell Banker American Homes : 516-665-2000
MLS ID:
1023847
  • General: Other
  • Basement: FullStorage Space
  • Flooring: HardwoodTileWood
  • A/C: Varies by Unit
  • Heating: Natural GasOther
  • Other Structures: Garage(s)
  • Parking: DrivewayGarage
  • Originating MLS: onekey2
  • School District: Brooklyn 20
  • County: Kings (Brooklyn)
  • Zoning: 05385-0044
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Coldwell Banker American Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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